Insider Buying: Centrica plc (LON:CNA) Insider Buys 1,428 Shares of Stock

Centrica plc (LON:CNA) insider Philippe Boisseau purchased 1,428 shares of the business’s stock in a transaction on Thursday, April 25th. The shares were acquired at an average cost of GBX 131 ($1.62) per share, with a total value of £1,870.68 ($2,310.62).

Centrica Stock Down 0.2 %

CNA opened at GBX 131.40 ($1.62) on Friday. Centrica plc has a fifty-two week low of GBX 110.20 ($1.36) and a fifty-two week high of GBX 173.70 ($2.15). The company has a debt-to-equity ratio of 96.93, a quick ratio of 0.40 and a current ratio of 1.44. The company has a market capitalization of £7.04 billion, a P/E ratio of 190.43, a P/E/G ratio of 0.45 and a beta of 1.10. The stock has a fifty day moving average of GBX 129.04 and a 200-day moving average of GBX 140.98.

Centrica Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, July 11th. Stockholders of record on Thursday, May 30th will be issued a dividend of GBX 2.67 ($0.03) per share. The ex-dividend date is Thursday, May 30th. This represents a dividend yield of 1.99%. This is an increase from Centrica’s previous dividend of $1.33. Centrica’s dividend payout ratio (DPR) is currently 579.71%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on CNA shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Centrica in a report on Wednesday, February 21st. Citigroup reaffirmed a “buy” rating on shares of Centrica in a report on Friday, February 16th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Centrica has a consensus rating of “Moderate Buy” and an average price target of GBX 156.25 ($1.93).

About Centrica

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.